Blogs

August 16, 2021

Tough environment impacting IndiaMart’s topline but lower costs have sustained profit growth; Poised for upliftment once normalcy is restored

IndiaMART InterMESH Ltd is India’s largest online B2B marketplace for business products and services. Increased penetration of computers and mobile phones has led to increased search […]
August 16, 2021

Secular demographic trends favour Crompton Greaves Consumer; Post second Covid wave, performance going forward will be strong

Crompton Greaves Consumer Electricals Ltd. (CGCEL) manufactures and markets a wide spectrum of consumer products ranging from fans, lamps and luminaries to pumps and household appliances […]
August 16, 2021

Atul’s diversified business model, export opportunities well timed with commissioning of new capacities to drive revenues and profitability, but valuations are fair

Atul is a leading chemical company based in Gujarat from the Sarabhai group. Its products find application in varied industries such as textiles, pharmaceuticals, agrochemicals, adhesives, […]
August 2, 2021

Tata Elxsi’s focus on niche high growth verticals paying rich dividends but stock is fairly valued

Tata Elxsi is an embedded software company with focus on design and technology solution. The company’s strength is its niche offering for the auto, media and […]
August 2, 2021

Wipro’s superior growth rate under new CEO leads to stock outperformance

Wipro is one of India’s leading software company, however it has been a laggard as compared to its peer group for the past several years. Overall […]
August 2, 2021

Agri pipes sales hit at Supreme due to second wave; long term prospects excellent due to rural demand and pick up in construction; share of value added products moving up

Supreme Industries is India’s leading plastic processor and a consistent performer with very high return ratios. It is present in several categories with plastic piping products […]
August 2, 2021

Despite second wave Jubilant Food’s performance was encouraging; management inclination to add new brands and expand network should sustain growth

Jubilant Foodworks, the India franchisee for Dominos Pizza, is a perfect play on changing consumption pattern and rising spends by millennials on restaurants, order in and […]
August 2, 2021

Deal wins to ensure double digit growth; soft near term performance at HCL Tech a dampener but long term prospects remain good

HCL Tech is one of India’s leading software company with excellent track record of financial performance and managing trends in technology spending. Digital projects, the new […]
August 2, 2021

Havells a strong play on rising spends on durables and home / office improvement; Second Covid wave to have transient effect

Havell’s, a leading player in Cables, lighting, switches / switchgear and household appliances, is a secular growth story. All its divisions benefits from rising domestic consumption […]
August 2, 2021

Asian Paints: Stellar performance despite difficult conditions shows secular demand for paints; an under penetrated category

Asian Paints is India’s largest paint company and a direct play on rising consumer spending due to its focus on decorative paints. Its track record has […]